Former Nokia CEO and Former Sony Ericsson CTO Join Zenterio

STOCKHOLM, January 17, 2013 /PRNewswire/ --

Zenterio recruits two top talents into its operation: Olli-Pekka Kallasvuo, former Nokia CEO, will take over as Zenterio board chairman and Mats Lindoff, former Sony Ericsson CTO, will serve as chief technical officer. A perfect addition to Zenterio - a Swedish company that develops an independent operating system for interactive TV sets and set-top boxes (STBs).

Zenterio is now ready for a world position in software for interactive TV.

Going forward, Zenterio's software has potential to become an equally important operating system on the TV side that, for example, Windows is for PCs.

Zenterio was launched in 2002, and its development center is in Linköping, Sweden. Its customer list currently consists of TV operators, global systems integrators, large TV and STB manufacturers, and one of the largest chip manufacturers.

Several independent research institutes estimate that, within a few years, the market for interactive TV, in terms of number of units, will be about half as large as the market for PCs.

"Zenterio's goal is to become a leading company in an industry that now has at least 650 million customers," says Kallasvuo. "Market growth increased substantially in connection with the switch from analog to digital TV - as households connected to internet, which enables more opportunities for various pay-TV solutions. This trend led to enormous interest in Zenterio's independent operating system."

"Kallasvuo and Lindoff have extensive experience and expertise from the Nordic region's most successful IT enterprises," says Per Skyttvall, CEO of Zenterio. "Their skill sets are perfect for Zenterio as it enters a new commercial phase."

Kallasvuo has had a long, successful career at Nokia, where he was CFO, head of the mobile division and president (2006-2010). He was also a Nokia board member and board chairman of Nokia Siemens Networks, until September 2011.

To ensure that Zenterio's technologies meet rigorous demands on a global operating system, Lindoff is assuming the CTO role. He has extensive international experience and has held various roles in Ericsson and Sony Ericsson (CTO). Lindoff was also a Symbian board member.

Zenterio develops a standardized, independent software platform for interactive TV. Its customers are system integrators and TV and STB suppliers. The Zenterio OS enables faster, cheaper service rollouts to viewers. Zenterio is an international company with employees from more than 20 countries. Its headquarters are inStockholm, and its development center is in Linköping. The company has sales offices inPragueandMilan. Zenterio is an unlisted company and is mainly owned by private investors. Visit: http://www.zenterio.com.